Transfer of Securities

Support leading-edge research and patient care while saving on taxes

Donating publicly traded stock to the Collingwood General & Marine Hospital Foundation is a smart way to make a charitable donation and eliminate any tax on the capital gain. This means you can support leading-edge research and patient care while saving on taxes.

Benefits of a Gift of Securities:

  • Elimination of the capital gain plus the donation tax credit
  • Preferred tax treatment, allows you to make a larger gift than you may with cash
  • Gift can be made today or in the future through your estate
  • Satisfaction of knowing your gift will make a significant impact on healthcare needs in your community

A Sample Scenario

Be sure to speak with your financial advisor to see how this
applies to your portfolio.

Sell securities and donate the after-tax proceeds.Donate Securities to
Original Cost of Securities$1,000
Current Market Value$5,000$5,000
Capital Gain$4,000$4,000
Tax on Capital Gain$920$0
Donation Amount After Tax$4,080$5,000
Charitable Tax Credit$1,877$2,300

Learn more about the applicable rules regarding tax donations to charitable organizations.

We’re here to help.

For more information about donating securities now or in your estate contact Jory Pritchard-Kerr at 705-444-8645 or [email protected]

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